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until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real progress over the next week. we are about two weeks away from christmas. three weeks until we hit the deadline and they're nowhere. what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there'
in order to avoid going over the fiscal cliff? john boehner's already $800 billion in increased tax revenue, not necessarily raising the marginal tax rate on the wealthy, but capping deductions, limiting loopholes, are you with the speaker of the house on that? >> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as f
. interesting. fiscal cliff talk. john boehner says he is waiting for a counter offer from the white house. adam: wall street feers gauge barely pausing. our traders, are they not worried about going over the fiscal cliff quirks we are headed to the for the new york stock exchange next. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink thecore . what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfo find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, crges and expenses. read and conder it carefully before investing. ri includes possible loss of principal. adam: the state of nevada has gambling up. dollars. slot machines are up a whopping 11%. it is a big-time for casino operators to. they lower the cost of financing their debt. melissa: will get that across the board. this is one of those times -- you were supposed to be my boat party. but you one money. [t
hand on the fiscal cliff. house speaker john boehner's facing something of a revolt within gop's ranks over his budget plan. we'll have the latest from washington when we come back. >>> talks between the white house and republicans over the fiscal cliff have ran to something of a holt. john boehner dealing with division in the gop's ranks to his bung budget plan. another shanghai surprise. china's mainland market surge nearly 3%. more austerity. plus, austerity measures are hitting european consumers. retail sales in october fall much more than expected. september also revised sharply to the downside. >>> it was a flat day really for european stocks, slightly negative for u.s. stocks yesterday. we are a little bit higher. the dow is currently some 43 points above fair value. the nasdaq is around four points above fair value. the s&p 500 at the moment is around about four points above fair value. european stocks are up half a percent earlier. we have come off those highs. eurozone pmis a little bit better than expected. but still deeply in contraction territory. uk services pmis dipped
with the president, house speaker john boehner says the white house is stone walling. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house is has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher could be the key. the top tax rate is set to rise from 35% to 39.6% on january 1st. when asked if a middle ground could be found, both boehner and biden showed some wiggle room. >> the top brackets have to go up. it's not a negotiable issue. theoretically we can negotiate how far up. >> reporter: at another local restaurant, the owner has seen enough of washington gridlock. >> i wish those lawmakers would get their [ bleep ] together and get it done and try to help everybody. it would be good if they could do it before the holidays are over
men left standing between all of us and the fiscal cliff. in 25 days america goes over the edge. that's when severe tax hikes and cuts in spending begin. according to the "new york times," john boehner has asked democratic leaders to step aside so he and the president can attempt to negotiate a deal one-on-one and no one is objecting. paul steinhauser is live from washington. paul, you got some new polling for us. what do americans want to see in a deal? >> it's interesting what they want to see and what they don't want to see. one of the biggest sticking points between democrats and republicans over averting the fiscal cliff is raising taxes on those making over $250,000 a year. look at this from quinnipiac university, the question was asked are you okay with that? 65% say they support such a move to avert the fiscal cliff. this is the third poll over the last two weeks to show the same thing, that most americans are okay with raising those taxes on incomes over $250,000 a year. go to the next screen, there's a partisan divide here. this explains why most republicans are dead set aga
speaker john boehner's plan to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt middle-class businesses and the people who work for them. >> reporter: so, that's the major holdup, taxes. republicans and democrats deeply divided. >> there's nothing going on privately that's not going on public. >> reporter: amidst the political posturing, there may actually be a chance for compromise on medicare. president obama says he's open to raising the age when seniors can start receiving benefits, from 65 to 67. according to one study, that would save
postscript. john boehner said a fiscal cliff deal is no closer now than it was a week ago. nancy pelosi called for more urgency. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat, but in many homes across america it's a very, very lean time. >> the goose is getting fat. this was the latest salvo in a week of ups and downs in negotiations as both sides engaged in a tug-of-war over tax rates and spending cuts. >> i was just flabbergasted and said you can't be serious? right now i would say we're nowhere. >> there shouldn't be anything offered in public. the president, speaker boehner in a room and nobody come out until it's solved. >> we have to see the rates on the top 2% go up, and we're not going to get a deal with it. >> the problem with the republican proposal is it does raise taxes. >> if they do not make this deal on tax rates for the top 2%, they're going away an
, and ten year treasury down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to
with the fiscal cliff giving investors a reason to be less than optimistic? joining me is john, and carl, senior economi for deutsche bank. gentlemen, thank you for being here. start with the treasury secretary. the man in charge of our treasury is out telling everyone that the administration he works for is a part of is perfectly prepared to go over the fiscal cliff in order to raise a tax rate to 39.6%. does that make any sense to you? are you shocked, surprised? >> well, i guess i'm not surprised given we're in the early stages of the discussion, but for the economists and forecasters out there calling this is the fiscal slope, not a cliff or believe it's worthwhile to go over the cliff, it's not the case. it is, without a doubt, a cliff. it's $600 billion. the economy cannot withstand that shock. it's slowing in anticipation. lou: $6 billion in taxes? >> spending reductions and tax increases. the economy can't handle that. without a doubt, head into recession if we're over the cliff. lou: now, are you in agreement? >> i am, carl's absolely right, nevertheless, the markets have effectively be
for his analysis on that. martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courtho
committee. i want to talk to you about the fiscal cliff. but, first, i want to talk about jim demint. >> sure. >> what is this say about the senate, about the ability of someone like jim demint, an avowed conservative, to accomplish what he wants to accomplish within that chamber, that he felt the need or saw the opportunity to step outside of the chamber? what does that say about the folk like yourself who are still within it? >> well, jim demint is going to continue to be a leader in this country for years to come. specifically on conservative issues. he's going to continue to push for ways to cut spending and to limit the size of government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to gett
to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first steps, and encouraging ones. >> really encouraging. and it's not just what they're saying. it's how they're saying it. eric cantor came on. we've all, i think at times, even i as a conservative, who would vote probably along with eric cantor 99% of the time. saw him at times over the past couple years being a bit more obstructionist than i think was good for the party. i thought i loved his tone the other day. what did he focus on? he focused on jobs, on proving that conservatism actually helped all americans, not 53%, not 47%. and yesterday when i talked to jim demint on the phone, i expected to hear one thing. instead i
stories. >>> president obama and house speaker john boehner chatting by phone about the fiscal cliff. no details or word of progress or future talks with just 26 days remaining to get a deal done. another prominent republican is breaking ranks. tom coburn, a leading conservative and fiscal hawk saying he'd prefer raising taxes on the wealthy as a way to raise revenues. >>> a bitter turf war between twitter and instagram elle cl escalating. no one on twitter will be able to see the images posted on instagram. instagram's goal is getting people to post more photos on their site. >>> a man cannot have any more children until he shows proof that he can actually afford those children. 44-year-old corey curtis is charged with failure to support two of the nine children that he's fathered with six women. he owes $85,000 and says he is ready to abide by the judge's order. >> good idea. >> all right. the grammy nominations announced in style with a star-studded concert, jay z and kanye west were among the six artists tied for the most nominations, six apiece. the grammy awards ceremony, music
respondespo -- >> today, president obama and john boehner spoke by phone about the fiscal cliff negotiations, but there is no progress. they still have a stand off over the rates. the president still wants to raise rates on the top 2% of americans. the speaker is not moving on that position. this comes on the same day that secretary geithner made it clear in language they have not used before, just how far they're willing to go in the administration to stand by those terms. >> is the administration prepared today go over the fiscal cliff? >> absolutely. there is no agreement without those rates going up on the top 2%. and they all get a tax cut on the first $250,000 of their income. >> reporter: so wolf, it's a step forward that they're talking, but in essence, where we stand right now, it's still a stalemate. >> any indication that the vice president, secretary of treasury, others are talking with top people on capitol hill? meeting face to face and going through these items line by line? >> reporter: my understanding is that the white house is not going to start negotiating the details unt
critical republic who criticized house speaker john boehner over own party fiscal cliff honor says is he resigning. an important man, too. south carolina senator jim demint a key force behind the tea party movement. the founder of the tea party caucus in the senate and who predicted that the healthcare debate would be president obama's water loo. remember that? earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm
the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worri
on with the fiscal cliff negotiations and we heard from john boehner that he wants obamacare on the table. is this an opportunity for the president to acknowledge the fact that this bill is so unpopular, continues to be so unpopular and perhaps sit down and negotiate some positive changes to the health care law that everybody could be on board with? should this president take that opportunity right now? >> right now, no because it is adding too much complexity to a negotiation that is trying to get done between now and christmas. next year i think everything should be on the table, right? i think as we look to fashion the budget. rick: including obamacare? >> i think that if the republicans and president has said this repeatedly, if they can bring ideas to the table that will improve obamacare he will be open to it. so i think you will see everything on the table next year. but i think i want to be clear he is not backing away from the health care reform that he pushed so hard for because the old system wasn't working. we need a better health care system. remember, this year the past year
vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to
, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis now charged with murder for allegedly pushing a man off a new york city subway platform. davis was arraigned last night on a second-degree murder charge. police say he pushed 50-year-old ki-suk han on to the tracks and into the path of an oncoming subway train. >>> internet security pioneer john mcafee could be deported to belize as early as today. guatemalan officials detained mcafee yesterday. they accuse him of entering their country illegally. he turned up in guatemala on tuesday after disappearing from his home in belize. police there want to question mcafee in connection with a murder, his neighbor's murder. he says
to avoid the fiscal cliff. yesterday the president invited house speaker john boehner to the white house for their first face-to-face meeting in weeks. neither party releasing any details of what transpired in that meeting. reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said that, and so we democrats realize that there have to be two sides to this bargai
-natale. president obama and john boehner meeting behind closed doors to talk about the economic fiscal cliff and the latest on the negotiations in the financial future of american families and hundreds of people feared dead. victims of a huge storm. the latest on rescue efforts. ♪ but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! ♪ but the fire is so delightful ♪ nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices hel
to avoid going over the fiscal cliff. he's facing growing criticism from members of his own party, the speaker removing four conservative congressman from key committees, the move seen by some as a way to close ranks over a potential fiscal cliff deal with the white house. outside conservative groups are voicing their displeasure saying speaker john boehner could even lose his speakership. carl cameron joins us live in washington. so he has a lot of problems with conservatives right now, car. >> reporter: sure it's not just off the hill. some of the members on the hill. fiscal conservatives are once again whispering, in some cases outwardly and openly explaining about house speaker john boehner and his handling of the negotiations with the white house. john boehner's proposal to increase revenue $800 billion by closing tax loopholes and reforming the code has real problems for some house republicans, most of whom actually campaigned promising to at least hold the line if not cut taxes. this week john boehner tossed four con s*efr teufs known fo conservatives offer key committees.
cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time now 6:07. we are following this story. oakland church youth group traveling in florida they are out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday about an hour after arriving far weekend youth conference. someone broke into their van stole 12,000 cash. one member of the group says they were able to have some money mired so they -- wired so they did spend last night in
's up to two men to try to keep america from going over the fiscal cliff. 25 days and counting from the massive tax hikes and spending cuts. congress breaking in a week for the holiday. so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and mak
problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea party says jim demint is resigning. >> leaving the senate a lot better than i found it. >> jim demint leaves some big shoes to fill. >> jim demint leaves some big shoes to fill. then again -- captioning funded by cbs en
has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aides say this is an exchange of partial proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the house republicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process the closer our economy gets to the fiscal cliff. there is major business lobbyist out there telling us right now the discussions are focusing on process. how do to it. not necessarily substance. so there are no details on what these offers exactly state. they're not even really getting out on capitol hill right now. so we're still watching it to maintain. again you've got the exchange of partial offers at least coming out of the white house and from house republicans but they still remain fairly far apart. melissa: rich, you have been ri
. and the real work to avoid the fiscal cliff is being done behind doors and we can hope. the latest talks from lawmakers seem to show that one side is coming out ahead. not surprisingly it is the side that won the presidential election. we will be right back. >>> quarter past the hour. mohamed morsi is still speaking. he says he feels sorry for those killed on both sides in the violence around the palace. this from the live speech which is on going. the hope was certainly of western observers that this man who has made himself a dictator would back down and submit to the will of the people. at least those not of the muslim brotherhood. that has not happened. he said we must trans send our differences. the will of the people cannot be suppressed by angry crowds. the will of the people must not be suppressed by anger. he says he prays that god will guide them through it. and he prays that god will safeguard the repercussions of the storm. he says the egyptian people are aware of your value. i stated clearly and openly i cannot tolerate that any person perpetrate any killing or vandalism. so it s
, let's go off the fiscal cliff and blame the republicans. >> if he had had the top two percent pay in just a little bit more of their fair share, that would fund the government for only 8. 5 daition. it's not realistic. >> no. it's rubbish, all this. that so called buffett tax, if you implement that on warren buffett and all his pals, it will pay off obama's 2011 deficit in the year 2520 circumstance, in 514 years time, and then we'll need the next half millenium to pay off his 2012 deficit. >> i think the republicans were sent there with a mandate as well as president. obviously the american people voted for the status quo. they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for european levels of spending. you can't have european levels of spending. we're one percent under ca
for troops and their families. >>> this morning, signs that there may actually be movement on the fiscal cliff talks. kayla is live with that. >> reporter: a little bit of movement potentially. president obama and house speaker john boehner spoke by phone yesterday as democrats and republicans continue to dig their heels in over this budget standoff. there's been no announcement of any new face the face talks as lawmakers try to reach a deal to avoid the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to raise tax rates on wealthy americans." apple has lost a bit of its shine. the tech giant stock suffering its worst day in four years on thursday. several factors may have been at play. investors worried apple may be giving up ground in the tablet market to rivals, while nokia beat the company to the punch. there are also unconfirmed reports a stock clearinghouse firm is reducing the margin requirements on apple stock. apple
meeting between president obama and john boehner. is there hope in the fiscal cliff negotiations? this is msnbc, the police for a politics. people love our potpourri parties. it's a smell of a good time. this is the juniper! oh that is magical. [ male announcer ] when you combine creamy velveeta with zesty rotel tomatoes and green chiles, you'll get a bowl of queso that makes even this get-together better. it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. >>> i was willing to hold fast, but tha
on negotiations or lack thereof on the fiscal cliff. let's go to this right now. moments ago on the hill. hear is the speaker. >> morning, everyone. this week we made a good faith offer to avert the fiscal crisis and, that offer included significant spending cuts and reforms, and it included additional revenue and frankly it was the balanced approach that the president's been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on. and it's exactly how we approached our discussions in the biden group. my discussions at the white house a year and a half ago. and for that matter, in the joint select commit teach. and if the president doesn't agree with our proposal and our outline i think he has an obligation to send one to the congress and a plan that can pass both chambers of commerce. if you looked at the plans the white house talked about thus far, they couldn't pass either house of the congress. we're ready and eager to talk to the president and to work with him to make sure that t
clear the fiscal cliff, by closing loopholes in taxes has outraged anti-tax conservatives and when he removed conservatives from the key bathses of the past. >> $800 billion in 10 years that, looks like a tax increase. 238 republicans, including me, took a pledge not to raise taxes. >> they want to send a message to me, to send a message to others that we are not going to tolerate people who are interested in doing what's right, we want to play the same game. if you try to disrupt that, we will knock you off a committee. >> reporter: conservatives were tossed off the house budget committee and others were bounce from the financial services committee. benching conservatives have boehner under fire from conservative group, including the heritage foundation, red state dot-com, freedom works and the heavy hitting club for growth. >> if you keep doing this, we may have to replace you. >> it is bad policy. it is awful politics. and it is -- it will -- it will guaranteed, it will lose him the speakership of the house in 2 years. >> reporter: the republicans lost the majority inuent 06, when
at keeping the nation from going over the fiscal cliff. for the first time in a week yesterday, aides to the president and house speaker john boehner met but no discernible signs of progress. there seemed to be a hardening of positions on tax rates and possible reductions in spending. >>> pretty stern announcement from capitol hill, one of the senate's conservative leaders, jim demint of south carolina is quitting. he announced his resignation yesterday saying he will leach the senate january 1. demint will head a conservative think-tank now. south carolina's governor says there is no time table to announce demint's replacement. >> a lot of people are questioning this why he will take over the heritage foundation. his salary in the senate is $174,000. he is replacing a guy who, the head of the, the heritage foundation was making roughly $1 million a year. get, got a little bit of an increase. in salary. >> all of these politicians, go on to a lobbying, think-tank, consultant work, all that kind of stuff, they leave for big bucks there. he's considered one of the grandfathers of the te
this week in fiscal cliff negotiations. and late today mr. obama said the administration will recognize a coalition of syrian opposition groups. online, we look at a truly long- term reporting assignment. hari sreenivasan has more. >> sreenivasan: paul salopek is about to spend seven years tracing the ancient path of human migration around the globe. we talked about his route, the shoes he'll wear, and his emphasis on "slow journalism." and what's it like to have breast cancer in the poorest nation in the western hemisphere? that's next from our series with "pri's the world" on cancer in the developing world. all that and more is on our web site, newshour.pbs.org. ray? >> suarez: and that's the newshour for tonight. on wednesday, we'll look at the world in the year 2030. one intelligence report projects china will be on top economically, and the u.s. will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and
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